Charter up 1.27% (347.63),
Comcast up 1.09% (38.05),
AT&T up 0.96% (19.96),
Verizon up 0.31% (39.32)...
I can keep going...
Lumen DOWN 4.47% (2.34), After hours it climbed to $2.36. I know this is not the lowest CenturyLink stock has ever been, but why?! Why haven't they stopped this train wreck? I think if the Lumen stock went up 5% on a given day; it would surprise the heck out of our CEO. They might even have a party! They are allowing the stock to fall. Or they would be buying back shares or reinstalling the dividend... something huge to raise the stock dollar. All we hear are crickets. Sad
31 replies (most recent on top)
Q1 results will be released next Tuesday after the market close. Earnings estimates don't look good.
$2.14 USD −0.25 (-10.46%)
Way to go, Kate! If you praise her for a few pennies of positive, ya gotta blame her for the negative too. Been lots of blame/negative ever since she's been around.
We may be under $2 just in time for the earnings call and the start of the book clubs.
$2.14 today ... down .25 in a day (10.46%)
Scary
8% of 2.42 is laughable! Peanuts!
- 42 ^ 8.2%
Go Kate Go!
Her degree is in Social Work. She's never started a business, run a business, or worked in industry. She's never been in a leadership position. How is she qualified to tell actual business leaders how to lead?
Of course DTL is a scam. The author has no real world experience and her academic history is paper thin. She's not a serious academic. But that's no different than any other pop business author. Package together platitudes and manufactured buzzwords and pretend you're the second coming of Jesus himself.
The company wide DTL initative is nothing more than a not so cleaver form of nepotism.... just a way to pad the pockets of the CEO's BFF for a 7 figure consulting engagement and 20,000 book sale before the company goes under, goes bankrupt, or is sold. LOL... they have to include what to do if employees leave the company during the book read in the DTL FAQs? Really? Hmmmm.... Pay no attention to what's happening behind the curtain, just keep reading DTL so we can WLH!
mandatory book reading will solve all the problems
Yes management doesn't give a rats uknowhat about the employees. The lack of service anniversary awards is disgusting. Our manager left our group last month and we were never told who we reported to, found out via teams and the person hasn't contacted me yet.
Many people who cared have left or were let go. The problem is really whats being done to turn the company around right now. Not much that I can tell. Certainly not much when you consider how fast we are approaching $0
I pitched 1k shares. It’s a good time to buy LUMN.
Whoever gave out stars rather than actual awards for service anniversary ruined the culture at some of the Legacy companies. I'll never forget it.
Keep on blaming L3 mentality and mgmt.; if people really paid attention; most of the upper management who cared from L3 has given up and left the Company. Most now are either promoted from all branches of Company or hired externally.
Everyday this week has created another 52wk low on the stock 2.13. I was just reading a q3/q4 fleet strategy from a vp. Why would you be buying so many vehicles at 50k plus, when you could simply offer some vspp's to open up some vehicles at approximately 50% of the cost? Ordering used cards off of the gray market on Amazon & eBay isn't saving you money or customers. Over 50% are failures and you're selling off our supply for pennies on the dollars. L3 mentality to waste & burn cash without any concern.
'$2.18. How long before the $1 handle?'
Q1 and Q2 financials will be very telling, I think. If declines continue, it will mean the rest of the year is a difficult one. If Q4 financials show continued year-over-year decline, we'll be in penny stock territory by this time next year.
$2.18. How long before the $1 handle?
anyone suggesting L3 was the "good culture" is laughable
L2 management effectively took over in the last merger and are the decision makers which have led us to the hyper failure that we are in currently seeing ... they also represented the vast majority of "smarter than you" snobs who run the current environment
the problem is the new since management isn't doing anything sensible yet
ether return to sensible things that work and technology that is stable ... or go BK
Currently the former seems unlikely
I have a feeling one day "she will have no option but to resign", would definitely hate to see that for so many reasons but Lumen needs someone who actually cares about the company well being and the customer not just for show. Bring back L3 culture, bring back where customer had options to choose, let the client know Lumen can do what they ask for Lumen to do, be unique, and be the boss of telecom. Lumen can still do it, think outside of box.
Kates "fight like he-l" is very appropriate considering the rapid drop towards zero.
Unfortunately, nothing being done or planned will result in stopping this trend.
I can’t wait for handle man to come back when the stock hits the $1 handle.
The Cygnus is in flames and fast approaching the black hole.
this will go lower. to zero in fact
And if you think that's great, Q1 Financials are just around the corner!!
If you work for Lumen look into your 401k and see how much you are paying for stock; that is if you are contributing to it and just don't look at stock price everyday. Stock is for public sector; also focus on job, be thankful you are still employed. Lumen does very good job of taking care of employee; however I personally think they need to focus more on customer and shareholder as they are the one who pays bill. Let's hope to see some positive change soon.
Anyone who is happy Lumen stock is decling and still work for Lumen.
Please leave so Lumen could get their stocks back up.
I wrote this post. And to answer that person's question; I am an investor in CenturyDump. I have a lot of shares. And NO they weren't bought at $2.30...think of a number much much higher. If you are an investor you will know that little peeons like me...are the lowest on the totem pole. CenturyDump doesn't care about my sour grapes and my egg basket of shares, because they are more interested in mass investors like HSBC buying over 2 million shares. Personal investors can only rely on the board and CEO to raise the stock price. Which they haven't done anything except make another promise in another year.... And still our stock price dropped.
First off. Who made you War Chief Juan’s War chief!
“Ok geniuses....name a company that does care about their workers?!?!? You stock ho-s come on a layoff site to incite more hate and division for what cause? If you were as great as you think you are, you wouldn't be on here ball busting an audience, that has no control or input on those decisions, for your poor choices on investment.”
So what exactly are you doing on this site? My guess is you’re obviously worried about your own job, and that’s due to the incompetence of upper management and the board of directors. Don’t hate on people that are just starting facts.
Closed today at $2.27
Chapter 11 is coming for this nasty company